WBRZ - Baton Rouge

Property once owned by a film production company that went bankrupt will become the first new public park in New Orleans in 20 years.

The Trust, a national conservation group, told New Orleans CityBusiness that the $3.8 million project will be built on an 18-acre parcel along the Lafitte Corridor in New Orleans' Mid-City neighborhood.

A community development block grant is funding the project.